UPDATE 1-Goldman Sachs names Viniar as lead director, succeeding Ogunlesi


(Provides profession particulars in paragraphs 2-4)

By Lananh Nguyen

NEW YORK, Jan 19 (Reuters) – Goldman Sachs’ board named David Viniar as its subsequent unbiased lead director, succeeding Adebayo Ogunlesi when he steps down on the financial institution’s annual assembly in April, in keeping with a submitting on Friday.

Viniar joined the board in 2013 after serving as Goldman’s finance chief for greater than a decade. He may also grow to be chair of the board’s governance committee.

Tom Montag will grow to be chief of the board’s danger committee, in keeping with the submitting. He joined the group final yr after retiring as chief working officer at Financial institution of America in 2021. Earlier in his profession, Montag spent 22 years at Goldman, rising to co-head of its securities enterprise.

Ogunlesi

will step down

from Goldman’s board after BlackRock introduced final week it might purchase International Infrastructure Companions, the place he additionally serves as chairman, for $12.5 billion. Ogunlesi will be part of BlackRock’s board after the deal closes. (Reporting by Lananh Nguyen in New York; Enhancing by Leslie Adler)